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Global Compact International Yearbook Ausgabe 2010

A profound retrospective of the first decade of the UN Global Compact, challenges in the light of the year of biodiversity, and instruments for an adequate Corporate Citizenship are some of the issues highlighted in the new 2010 edition of the “Global Compact International Yearbook”. Among this years prominent authors are Ban Ki-moon, Bill Clinton, Joschka Fischer and Achim Steiner. UN Secretary-General Ban Ki-moon said: “As the Global Compact enters its second decade, it is my hope that this Yearbook will be an inspiration to bring responsible business to true scale.” Formally presented during the UN Global Compact Leaders Summit in New York, the yearbook is now for sale. Looking back at the past ten years, the United Nations Global Compact has left its mark in a variety of ways, helping shape the conservation about corporate responsibility and diffusing the concept of a principle-based approach to doing business across the globe. Chapter two deals with Biodiversity: UNEP Executive Director Achim Steiner emphasizes the importance of protecting the nature: “Climate change has been described as the biggest market failure of all time – the loss of biodiversity and nature’s economically-important services must surely be running a close second, if not an equal first. Year in and year out, the world economy may be losing services from forests to freshwaters and from soils to coral reefs, with resulting costs of up to $4.5 trillion or more. Decisive action needs to be taken to reverse these declines or the bill will continue to climb – and with it any hopes of achieving the poverty-related Millennium Development Goals and a sustainable 21st century for six billion people, rising to nine billion by 2050.” Dr. Ahmed Djoghlaf, Executive Secretary of the Convention on Biological Diversity, adds: “Now is the time for concrete action from the business community to save life on earth. The alternative is an impoverished planet that can no longer support a healthy, vibrant global economy. The stakes in this fight could not be higher. As the slogan of the International Year reminds us, ‘Biodiversity is life. Biodiversity is our life.’”

A profound retrospective of the first decade of the UN Global Compact, challenges in the light of the year of biodiversity, and instruments for an adequate Corporate Citizenship are some of the issues highlighted in the new 2010 edition of the “Global Compact International Yearbook”. Among this years prominent authors are Ban Ki-moon, Bill Clinton, Joschka Fischer and Achim Steiner. UN Secretary-General Ban Ki-moon said: “As the Global Compact enters its second decade, it is my hope that this Yearbook will be an inspiration to bring responsible business to true scale.” Formally presented during the UN Global Compact Leaders Summit in New York, the yearbook is now for sale. Looking back at the past ten years, the United Nations Global Compact has left its mark in a variety of ways, helping shape the conservation about corporate responsibility and diffusing the concept of a principle-based approach to doing business across the globe.

Chapter two deals with Biodiversity: UNEP Executive Director Achim Steiner emphasizes the importance of protecting the nature: “Climate change has been described as the biggest market failure of all time – the loss of biodiversity and nature’s economically-important services must surely be running a close second, if not an equal first. Year in and year out, the world economy may be losing services from forests to freshwaters and from soils to coral reefs, with resulting costs of up to $4.5 trillion or more. Decisive action needs to be taken to reverse these declines or the bill will continue to climb – and with it any hopes of achieving the poverty-related Millennium Development Goals and a sustainable 21st century for six billion people, rising to nine billion by 2050.” Dr. Ahmed Djoghlaf, Executive Secretary of the Convention on Biological Diversity, adds: “Now is the time for concrete action from the business community to save life on earth. The alternative is an impoverished planet that can no longer support a healthy, vibrant global economy. The stakes in this fight could not be higher. As the slogan of the International Year reminds us, ‘Biodiversity is life. Biodiversity is our life.’”

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Agenda<br />

10 th Anniversary<br />

Georg Kell addresses the United Nations Private Sector<br />

Forum in September 2008 as Secretary-General<br />

Ban Ki-moon, and Kermal Dervis, Administrator of the<br />

UNDP, listen.<br />

to bring about more inclusive markets and advance sustainable<br />

development.<br />

As an initiative engaging some of the world’s largest corporations,<br />

the <strong>Global</strong> <strong>Compact</strong> naturally has had to face some<br />

opposition and criticism. And admittedly, it took some time<br />

to find a proper modus operandi that would safeguard the<br />

initiative’s integrity, while ensuring accountability and transparency<br />

of the corporate commitment. It also required frequent<br />

clarification of what the <strong>Global</strong> <strong>Compact</strong> is and what it is not.<br />

Nevertheless, we have remained true to our original mandate<br />

and mission: The <strong>Global</strong> <strong>Compact</strong> is, first and foremost, a platform<br />

for dialogue, learning, and partnership. Participation does<br />

not imply perfection. It simply means that an organization is<br />

willing to align with UN values and engage in activities that<br />

advance UN goals. As such, the <strong>Global</strong> <strong>Compact</strong> does not pass<br />

judgment or regulate corporate behavior. Of course, this has<br />

at times caused misunderstandings or even frustration, but it<br />

has always been an intentional policy to keep the entry barrier<br />

low, so that those that face serious challenges can join the<br />

conversation, learn from others, and improve. And we stand by<br />

this approach, as long as a sincere commitment to constructive<br />

dialogue and disclosure can be ascertained. It is for this purpose<br />

that the <strong>Global</strong> <strong>Compact</strong> introduced a mandatory reporting<br />

policy in 2005, requiring all participating businesses to issue<br />

an annual public Communication on Progress. The fact that<br />

nearly 1,800 companies have been publicly expelled from the<br />

initiative for repeated failure to disclose their practices has<br />

not been a detriment to the <strong>Global</strong> <strong>Compact</strong>’s mission, but<br />

rather strengthened its credibility.<br />

As the <strong>Global</strong> <strong>Compact</strong> enters into its second decade, the big<br />

question is what lies ahead. Today, the world economy is still<br />

reeling from a financial and economic crisis of momentous<br />

proportions. <strong>Global</strong> challenges, from climate change to natural<br />

resource constraints and widespread, abject poverty, are not<br />

likely to be resolved in the near future. Consequently, there<br />

is much uncertainty over the fate of the global market and<br />

the prospect for sustainable growth and prosperity. Are we<br />

entering a new era of protectionism and narrow-minded national<br />

policies that threaten to roll back the advances in global<br />

integration made in the past two decades? Or will we be able<br />

to chart a course to sustainability where responsible business<br />

is a critical catalyst? What does it take and how can we best<br />

support efforts to make this happen? Where will leadership<br />

come from and what pathways should we follow?<br />

While much of the answer depends on political will and capacity,<br />

the <strong>Global</strong> <strong>Compact</strong> is committed to doing its part. If its<br />

first 10 years were about raising awareness and stimulating<br />

positive organizational change, the next decade will be about<br />

turning principles into practice; mobilizing tangible – individual<br />

and collective – action; cultivating issue leadership and<br />

local networks to bring good efforts to true scale; and further<br />

intensifying public-private collaboration, so that effective<br />

business solutions can stimulate positive policy responses,<br />

which, in turn, will help improve the enabling environment<br />

for responsible practices to grow. As business leaders meet in<br />

New York this June for the <strong>Global</strong> <strong>Compact</strong> Leaders Summit<br />

<strong>2010</strong>, the Summit’s motto becomes our shared mission: The<br />

time is now to build a new era of sustainability.<br />

Georg Kell is Executive Director of the<br />

United Nations <strong>Global</strong> <strong>Compact</strong>.<br />

<strong>Global</strong> <strong>Compact</strong> <strong>International</strong> <strong>Yearbook</strong> <strong>2010</strong> 9

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